SERVING THE QUANTITATIVE FINANCE COMMUNITY

 
User avatar
toolbox
Topic Author
Posts: 3
Joined: November 26th, 2008, 4:15 pm

My career = dry bones? :(

November 28th, 2008, 4:53 pm

Here is a highlight of my career thus far - Did pre degree foundation course abroad, never did A levels (terribly misguided by parents ) - Forced into elec comp engineering course at loughborough by parents - Decided in final year could not hack it anymore, never had interest (and heading fast towards a 3rd class degree) - Transferred unis to study design and tech BSc elsewhere - Transferred directly into final year of design and tech through much blagging studied the whole course material in one year and pulled off a 2:2 (maority of the stuff was new to me). - Found interest in software development. - Worked crappy insurance job for a year. - Got job in mobile software house for 7 months - Join medium size IT consultancy company, specialising in .net/c# - Been with company's client (big insurance company) working on various projects for last 6 months - Decided i would like to go far in my career and chase my dreams - Dream is to work on financial software systems development particularly trading systems and dear i say maybe one day go into algo trading and one day own financial software house in an undisclosed west african country. I'm chasing this because where i come from i have the capacity to reach the highest level through political influence, etc, is undisclosed country and fulfill my ambition but all that is useless if i don't know what i'm doing when i get there which is why i need solid experience. - Decided to enrol on masters course to follow this dream. Got a place in top 20 uni for MSc in Quantitative Finance.Firstly i am under no illusion that with my track record i could ever become a quant or get a position designed for people with superior academic records. In fact some might question why i would bother even doing the MSc in QF, even i do myself sometimes but regardless of whether its worth it in the end or not, i've decided to take it anyway and do exceptionally well in it because i know my capabilities and can do exceedingly well if inspired, which i am!I don't ever intend to leave software development and would like to specialise within it hence the step i'm taking.Now here are my questions: - Is algo trading job out of reach. - Is quantitative developer job out of reach? - Are front office code monkey jobs feasible for me atleast? - Getting a job in specialist companies working on trading systems development possible?Assuming i come out with 90+ average in my MSc, what chance do i stand? Can dry bones be resurrected? I believe so but what do you think?I've decided that if that doesn't get me anywhere then i would try and do a PhD (if accepted!) and if that doesn't work too then i'll do an MBA and seek different pastures Replies will be very much appreciated as this can help me know what i might expect from industry when the time comes to chase this idea after MSc.Advice will be very welcome too though i've pretty much made up my mind.
 
User avatar
migalley
Posts: 3696
Joined: June 13th, 2005, 10:54 am

My career = dry bones? :(

November 28th, 2008, 10:28 pm

QuoteOriginally posted by: toolbox I'm chasing this because where i come from i have the capacity to reach the highest level through political influence, etc, is undisclosed country Cool! I hope you will engage in corruption and nepotism too. You need all the advantages you can get in life.
 
User avatar
KackToodles
Posts: 4100
Joined: August 28th, 2005, 10:46 pm

My career = dry bones? :(

November 29th, 2008, 5:47 am

QuoteOriginally posted by: toolbox I've decided that if that doesn't get me anywhere then i would try and do a PhD (if accepted!) and if that doesn't work too then i'll do an MBA and seek different pastures Replies will be very much appreciated as this can help me know what i might expect from industry when the time comes to chase this idea after MSc. This is an excellent plan. Millions of people are doing exactly the same thing, so expect a lot of competition from all directions!
 
User avatar
DSPGuy
Posts: 101
Joined: June 5th, 2008, 10:06 am

My career = dry bones? :(

November 29th, 2008, 7:04 am

Just remember:1st you get the money;2ndly you get the power;3rdly then you get the women.Just don't mess with any Columbians and you'll be fine.
 
User avatar
AbhiJ
Posts: 748
Joined: August 5th, 2008, 11:29 am

My career = dry bones? :(

November 29th, 2008, 9:36 am

Hi,What's the value of an MFE in this current market is highly uncertain.I think fundamental knowledge coupled with contacts and good software development experience can get you in the quant developer role.Bye.
 
User avatar
ppauper
Posts: 70239
Joined: November 15th, 2001, 1:29 pm

My career = dry bones? :(

November 29th, 2008, 1:46 pm

QuoteOriginally posted by: migalleyQuoteOriginally posted by: toolbox I'm chasing this because where i come from i have the capacity to reach the highest level through political influence, etc, is undisclosed country Cool! I hope you will engage in corruption and nepotism too. You need all the advantages you can get in life. indeedelsewhere he said>> in an undisclosed west african countryand>>Dream is to work on financial software systems developmentwhat the world clearly needs is folks in Nigeria who are computer savvy and know how international banking works.I'm currently corresponding via email with the erstwhile king of Nigeria who wants to wire his fortune to my bank account so he can keep it out of the reach of his (no longer loyal) subjects, in return for which I'm going to get $10million.toolbox's former king could likely use his computer skills
 
User avatar
QuantOption
Posts: 269
Joined: February 8th, 2003, 9:00 pm

My career = dry bones? :(

November 29th, 2008, 3:52 pm

just follow your dreams and don't stop till you get there!
 
User avatar
neilmaths
Posts: 98
Joined: October 14th, 2008, 1:50 pm

My career = dry bones? :(

November 29th, 2008, 5:00 pm

I agree, anything is possible. Work hard, stay focused and be patient.QuoteOriginally posted by: QuantOptionjust follow your dreams and don't stop till you get there!
 
User avatar
ChicagoGuy
Posts: 455
Joined: April 13th, 2007, 1:45 am

My career = dry bones? :(

November 29th, 2008, 8:44 pm

As long as you arent talking about Guinea Bissau then go for your dreams! What would you trade in this country? Cocaine Country
 
User avatar
KackToodles
Posts: 4100
Joined: August 28th, 2005, 10:46 pm

My career = dry bones? :(

November 29th, 2008, 9:20 pm

QuoteOriginally posted by: ppauperI'm currently corresponding via email with the erstwhile king of Nigeria who wants to wire his fortune to my bank account so he can keep it out of the reach of his (no longer loyal) subjects, in return for which I'm going to get $10million. Hey, is $10M the going rate? A headhunter I know says he can pass my resume to some Nigerians who are hiring quant consultants.
Last edited by KackToodles on November 28th, 2008, 11:00 pm, edited 1 time in total.
 
User avatar
trackstar
Posts: 27006
Joined: August 28th, 2008, 1:53 pm

My career = dry bones? :(

November 29th, 2008, 9:37 pm

QuoteOriginally posted by: ChicagoGuyAs long as you arent talking about Guinea Bissau then go for your dreams! What would you trade in this country? Cocaine Country***Sodium CarbonateKeroseneHydrochloric AcidSulfuric AcidPotassium PermanganateAcetoneEther***But seriously, I agree with the last few useful comments, stay focused and keep working.(And try not to blame your parents for early direction; that is a waste of mental energy!)
Last edited by trackstar on November 28th, 2008, 11:00 pm, edited 1 time in total.
 
User avatar
ppauper
Posts: 70239
Joined: November 15th, 2001, 1:29 pm

My career = dry bones? :(

November 30th, 2008, 5:34 pm

QuoteOriginally posted by: mackbarCocaine CountrySodium CarbonateKeroseneHydrochloric AcidSulfuric AcidPotassium PermanganateAcetoneEtherone of martha stewart's recipes ?
 
User avatar
trackstar
Posts: 27006
Joined: August 28th, 2008, 1:53 pm

My career = dry bones? :(

November 30th, 2008, 10:58 pm

No, it's an answer to one of Dr. Crack's interview questions:What would you trade in (x) lawless country, rich in coca leaves?I forgot to mention ammonia, will they still call me back for a second round?
 
User avatar
ppauper
Posts: 70239
Joined: November 15th, 2001, 1:29 pm

My career = dry bones? :(

December 1st, 2008, 1:42 pm

QuoteOriginally posted by: KackToodlesQuoteOriginally posted by: ppauperI'm currently corresponding via email with the erstwhile king of Nigeria who wants to wire his fortune to my bank account so he can keep it out of the reach of his (no longer loyal) subjects, in return for which I'm going to get $10million. Hey, is $10M the going rate? A headhunter I know says he can pass my resume to some Nigerians who are hiring quant consultants. we all seem to be getting good news from Nigeria !A friend of mine recently won the Nigerian Lottery. He's just sent them a check to cover the taxes, and is expecting his windfall any day now. At first he was a little puzzled that the Lottery Director asked him to make the check for the taxes out to him personally, but the Lottery Director explained that he could cut through a lot of the red tape by cashing the check himself and then paying the taxes in cash. Would that government officials in the US were so helpful.
 
User avatar
ppauper
Posts: 70239
Joined: November 15th, 2001, 1:29 pm

My career = dry bones? :(

December 1st, 2008, 1:45 pm

oh, and I just heard from Niger:QuoteMy dear I am writing this mail with tears, sadness and pains. I know it will come to you as a suprise since we haven't known or come across each other before, but kindly bear with me at this moment. I have a special reason why I decided to contact you. My situation at hand is miserable but I trust in God and hope you will be of my help. My name is Haniya Ibrahim Bare Mainassara 25years old girl and I held from Republic of Niger the daughter of Late General Ibrahim Bare Maïnassara the former President of the Republic of Niger who was ambushed and killed by dissident soldiers at the military airport in the capital, Niamey with his driver and a former Prefect. You can see more detail about my late father here http://news.bbc.co.uk/onthisday/hi/date ... 463927.stm I am constrained to contact you because of the maltreatment which I am receiving from my step mother. She planned to take away all my late father's treasury and properties from me since the unexpected death of my beloved Father. Meanwhile I wanted to travel to Europe, but she hide away my international passport and other valuable documents. Luckily she did not discover where I kept my father's File which contained important documents. I am presently staying in the Mission camp in Burkina Faso.I am seeking for longterm relationship and investment assistance. My father of blessed memory deposited the sum of US$17.7 Million in one bank in Burkina Faso with my name as the next of kin. I had contacted the Bank to clear the deposit but the Branch Manager told me that being a refugee, my status according to the local law does not authorize me to carry out the operation. However, he advised me to provide a trustee who will stand on my behalf. I had wanted to inform my stepmother about this deposit but I am affraid that she will not offer me anything after the release of the money. Therefore, I decide to seek for your help in transferring the money into your bank account while I will relocate to your country and settle down with you. I have my fathers death certificate and the account number which I will give you as soon as you indicated your interest to help me.It is my intention to compensate you with 20% of the total money for your assitance and the balance shall be my investment in any profitable venture which you will recommend to me as have no any idea about foreign investment. Please all communications should be through this email address only for confidential purposes.Thanking you alot in anticipation of your quick response. I will send you my photos in my next email.Yours Sincerely Haniya IbrahimI'm going to get 20% of $17.7Million (that's $3.9M !) just for letting this poor girl wire the money to my account !If she's hot, maybe we'll hook up and I'll get to keep all the money !
ABOUT WILMOTT

PW by JB

Wilmott.com has been "Serving the Quantitative Finance Community" since 2001. Continued...


Twitter LinkedIn Instagram

JOBS BOARD

JOBS BOARD

Looking for a quant job, risk, algo trading,...? Browse jobs here...


GZIP: On